About This Property

Discover what makes this home special

The Grasmere is a charming semi-detached family home located in the desirable Houghton le Spring area. Offering three well-proportioned bedrooms, including a master with an en-suite, this property provides comfortable and flexible living spaces. The ground floor boasts a spacious living room, a modern kitchen/dining area with French doors leading to the rear garden, and a convenient downstairs WC. The inclusion of an integral garage adds valuable storage and parking space. Situated within a well-planned development, this home is ideal for families and professionals seeking a balance of community and connectivity.

Property Features

This property features a practical and modern layout with three bedrooms upstairs, including a versatile third bedroom/study. The master bedroom benefits from an en-suite bathroom, while a separate family bathroom serves the other bedrooms. On the ground floor, the kitchen/dining room is designed for both everyday living and entertaining, featuring double doors opening onto the garden. The integral garage provides secure parking and additional storage, complemented by useful storage cupboards throughout the home. The rear garden faces south-east, offering good sunlight during the morning and early afternoon.

3 Bedrooms2 BathroomsIntegral GarageKitchen/Dining RoomEn-suiteDownstairs WC+2

Local Amenities

The Grasmere is situated in a well-established community with access to good local schools such as Houghton Primary School and St Michael's Academy. Residents benefit from nearby leisure facilities including the Houghton Leisure Centre and several local parks ideal for outdoor activities. Shopping needs are met by a Tesco Superstore within a short drive, while public transport is accessible via the Houghton-le-Spring Train Station, connecting to Newcastle and Durham. The area is supported by ongoing regeneration projects aimed at enhancing amenities and local infrastructure, making it a convenient and family-friendly location.

Houghton Primary SchoolSt Michael's AcademyHoughton Leisure CentreTesco SuperstoreHoughton-le-Spring Train StationLocal Parks
Houghton-le-Spring Railway Station Train Station (1.5 miles, 6 mins drive) • 25 mins to Newcastle upon Tyne

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£235,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Get a personalised mortgage quoteCompare rates from 90+ lenders — free, no obligation
Compare Rates
Purchase Costs
Total Price£235,995
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited international transport links
Stable local rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£235,995
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.4%
Based on £1,259/mo rent
Area Price Growth
+3.1%
Average annual increase
5-Year Value Forecast
£274,647
+£38,652 projected gain
5-Year Rent Forecast
£1,841/mo
Based on 7.9% annual growth
Price per Sq Ft£234
Annual Rent Income£15,108
10-Year ROI256%
Break-Even Point10 yrs

Property Value Projection

Based on 3.1% annual growth
£274,647
5yr
£319,630
10yr
£371,979
15yr
£432,903
20yr
£503,806
25yr
Current: £235,995

Monthly Rental Income

Based on 7.9% annual growth
£1,841
5yr
£2,693
10yr
£3,939
15yr
£5,760
20yr
£8,425
25yr
Current: £1,259/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Newcastle Central Station
25 mins
20 mins
Durham City
15 mins
18 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living room
Morning Moderate
Afternoon Good
Evening Low
Kitchen/Dining room
Morning Good
Afternoon Excellent
Evening Moderate
Master Bedroom
Morning Excellent
Afternoon Moderate
Evening Low

Location Scores

58
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
45
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Houghton Town Centre Regeneration
1.2 milesEst. 2025
* Information based on local planning applications and may be subject to change

Loading location insights...

£235,995
AvailableNB0000044034
View Location Analytics

The Grasmere

Houghton le Spring, Houghton le Spring DH4 7AP
Herrington Grange
3
Bedrooms
2
Bathrooms
1,010
Est. Sq ft
semi detached
Type
Available Plot Numbers
535
1 plot(s) available
Ownershipfreehold

Request Information

By submitting, you agree that we may share your details with this property's builder or developer so their sales team can respond to your enquiry.

£235,995The Grasmere

Enquire About This Property

The Grasmere
The GrasmereHoughton le Spring£235,995

By submitting, you agree that we may share your details with this property's builder or developer so their sales team can respond to your enquiry.

Property Assistant

Ask me anything